That is because many pulled their money out of the market and put it in safer modes of investment like CD's etc ... while can help the economy a little.Their wealth exploded during the time of the "recession" and yet job growth has been ****.... Underemployment is incredibly high.
it doesn't have a dramatic effect.
also I see you have still failed to define wealth so throwing this term around without a definition is useless.
you can repeat this all you want to but a lie is still a lie.So they "create jobs"? What jobs? They dont create jobs, they just get more greedy. They outsource jobs. They become more greedy. They dont "reinvest", in the oringal term. Hell, look at Kansas. Kansas did the textbook policy of "trickle down"... Didnt turn out the way they wanted. The people with the wealth increased their wealth, didnt "reinvest" it, they hoarded the wealth. You call this "success", I call it a plutocrats dream.
they don't outsource jobs companies outsource jobs.
252k jobs were supposedly created over the past few months I guess they came out of thin air.
actually they do reinvest.
Kanas is still a bit to early to tell. it could change around for them. economic growth takes time. just as rome wasn't built in a day neither is economic activity.
in 2000 during the first recession bush cut taxes and gave out a stimulus package. it didn't really take hold until almost 3.5 year later.
then the economy boomed.
you can call it whatever you want to that is your opinion.
PS when was the last time a poor person cut you a paycheck please tell me.